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Search Results 0 to 6 of about 7 (some duplicates have been removed)
bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to achieve this. >> no specifics. >> lower tax rate 20%. start with the wealthy. >> you guarantee that this math adds up. >> let me have a chance to translate. i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and cap
ronald reagan lost in the 1980's, when it expired. i think there needs to come back. i would put back some type of entitlement authority that was lost after the nixon era. the subcommittees in congress are not very good managers of certain things. so there has to be a combination. you cannot leave the size and structure of the government we have in place. this government functions on a 19th century organization model despite the availability of 21st century technology. everybody is automating everything and it's very slow. you look at the demographics of the federal workforce, they are aging. attrition would take care of a lot of this if it could be accompanied by rigorous management. president obama, prior to becoming president, the largest management he had was [ indiscernible.] >> i think that was a plug. the gentleman with the red tide. let's look for the microphone. >> i am with northstar policy navigation and james callan associates. we have enormous potential in the united states to develop our energy resources. it seems a lot of it is a communications challenge. when you have
wall street journal" giving president-elect ronald reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happen. you know politics far bet
of loopholes in the tax code that approach has distinguished lineage. ronald reagan and the 1986 congress invented this. in the upcoming talks on the fiscal cliff, we should scrap this. the old style of tax reform is obsolete in a 2012 world. it does not fit the times because there are two new conditions that did not exist in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law belongs to democrats like bill bradley in the senate. just as much as to president reagan. as a member of the house back then, i not only voted for it, but i whipped the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach made a good deal of sense at the time. then, as now, the code was littered with egregious loopholes that needed to be reformed. recall the so-called passive law schools that were in place back then. they allowed
. it was in a different time we had a great president, ronald reagan, who was known for his strength on national defense. i was only able to find the data base of the navy and marine victims. there are 56 dead, 46 wounded. a lot of us remember that as a peaceful time. it was not. sam novello, killed by turkish leftist, istanbul, turkey. marines wounded in a terrorist attack in costa rica. one u.s. embassy marine security guard wounded in beirut, lebanon. terrorist bombing of the u.s. embassy in beirut, lebanon. lt. cmdr killed by terrorists in all salvador. -- in el salvador. corporal killed in a terrorist attack in cyprus. shocked by terrorist near athens, greece. -- shot by terrorists near athens, greece. hospital man wounded beirut, lebanon. michael wagner assigned to the defense office, killed. civil engineer harvey whitaker, killed. builder first-class and four marine security guards when did -- wounded in the terrorist bombing of u.s. embassy in beirut, lebanon. steelworker, a second class, underwater construction team, killed by terrorist, athens, greece. off-duty marines assigned to -- san salva
are the successful governors. >> no president has had the reorganization of authority since ronald reagan. it expired in the 1980's. i think that needs to come back. i would put back the authority lost after the nixon area -- era. there has got to be a combination. you cannot leave the size and the structure of the garment we have in place. this is a government functions on an old model despite a 20 per century technology model. it is painful and slow. look at the demographics of the federal work force. they are aging. attrition would take care of a lot of this, if it could be accompanied by risk management. president obama, the largest management he has -- he has run the latest -- >> speaking about governors becoming president -- [laughter] >> i am very partial. >> next question. let's get a microphone to you. >> i consulted in lobbying. you talked about energy. we have enormous potential to develop our energy resources. it seems that a lot of it is a communications channel. when you have a lease, that does not mean that you will find the oil. we talked about having enormous reserves. it takes a lon
Search Results 0 to 6 of about 7 (some duplicates have been removed)